Ryanair Holdings PLC (RYAAY) - What Are Brokerages Saying About This Stock?

Key Points

• Analyst sentiment is moderately bullish: Eleven analysts give Ryanair a consensus “Moderate Buy” rating, with six buys, one strong buy and four holds. The average 12-month price target is $73.97 versus the reported share price of $52.09.
• Institutional ownership remains significant: Several institutions increased their positions, and institutional investors and hedge funds collectively own 43.65% of Ryanair’s shares.
• Recent results fell short of expectations: Ryanair reported quarterly earnings of $1.19 per share, below the $1.37 consensus estimate, while revenue of $5 billion also missed forecasts. The company paid a special dividend of $0.4434 per share.

Shares of Ryanair Holdings PLC (NASDAQ:RYAAY - Get Free Report) have received an average rating of "Moderate Buy" from the eleven analysts that are presently covering the stock, MarketBeat reports. Four equities research analysts have rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating on the company. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is $73.97.

A number of equities analysts have recently issued reports on RYAAY shares. Barclays cut Ryanair from an "overweight" rating to an "equal weight" rating in a report on Friday, October 9th. Raymond James Financial reaffirmed a "strong-buy" rating and issued a $74.00 price target on shares of Ryanair in a research note on Monday, August 24th. Morgan Stanley assumed coverage on shares of Ryanair in a research note on Friday, August 14th. They issued an "overweight" rating and a $62.90 price target on the stock. Sanford C. Bernstein reissued an "outperform" rating on shares of Ryanair in a research report on Tuesday, July 21st. Finally, Deutsche Bank Aktiengesellschaft reissued a "buy" rating on shares of Ryanair in a report on Tuesday, July 14th.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Ninety One North America Inc. raised its position in Ryanair by 12.6% in the third quarter. Ninety One North America Inc. now owns 205,437 shares of the transportation company's stock valued at $11,301,000 after purchasing an additional 23,048 shares during the last quarter. Fortitude Family Office LLC grew its position in shares of Ryanair by 18.9% during the 3rd quarter. Fortitude Family Office LLC now owns 1,495 shares of the transportation company's stock worth $82,000 after buying an additional 238 shares during the period. The Manufacturers Life Insurance Company boosted its holdings in Ryanair by 5.7% in the second quarter. The Manufacturers Life Insurance Company now owns 755,526 shares of the transportation company's stock worth $48,920,000 after acquiring an additional 40,648 shares in the last quarter. Maven Securities LTD acquired a new stake in Ryanair in the 2nd quarter valued at $1,554,000. Finally, RFG Advisory LLC boosted its stake in Ryanair by 5.6% during the 2nd quarter. RFG Advisory LLC now owns 3,788 shares of the transportation company's stock valued at $245,000 after purchasing an additional 202 shares during the last quarter. Institutional investors and hedge funds own 43.65% of the company's stock.

Ryanair Price Performance

Ryanair stock opened at $52.09 on Friday. Ryanair has a fifty-two week low of $51.02 and a fifty-two week high of $74.24. The company has a market cap of $26.98 billion, a P/E ratio of 12.52, a price-to-earnings-growth ratio of 4.08 and a beta of 1.19. The firm's 50 day simple moving average is $55.18 and its 200-day simple moving average is $58.25.

Ryanair (NASDAQ:RYAAY - Get Free Report) last released its quarterly earnings data on Friday, July 17th. The transportation company reported $1.19 earnings per share for the quarter, missing the consensus estimate of $1.37 by ($0.18). The company had revenue of $5 billion during the quarter, compared to analyst estimates of $5.06 billion. Ryanair had a net margin of 12.14% and a return on equity of 21.23%. On average, analysts expect that Ryanair will post 3.87 EPS for the current fiscal year.

Ryanair Dividend Announcement

The business also recently announced a special dividend, which was paid on Monday, September 28th. Stockholders of record on Friday, August 7th were given a dividend of $0.4434 per share. Ryanair's payout ratio is 28.37%.

About Ryanair

Ryanair Holdings plc is an Ireland-based airline group that operates low-cost, scheduled passenger services primarily across Europe. Through its operating airlines, including Ryanair DAC, Malta Air, Buzz, Lauda and Ryanair UK, the group provides point-to-point air travel connecting cities and regional airports in Europe and selected destinations in North Africa.

The company's core business is the sale of airline tickets, supported by ancillary services such as priority boarding, reserved seating, checked baggage, onboard food and beverages, travel insurance and car-hire or accommodation-related offerings.

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